With 49.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.75 million shares. The 52-week range on OPK shows that it touched its highest point at $1.84 and its lowest point at $0.86 during that stretch. It currently has a 1-year price target of $3.99. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OPK was up-trending over the past week, with a rise of 17.07%, but this was up by 26.32% over a month. Three-month performance surged to 21.52% while six-month performance rose 20.75%. The stock gained 92.00% in the past year, while it has gained 30.61% so far this year. A look at the trailing 12-month EPS for OPK yields -0.09 with Next year EPS estimates of -0.25. For the next quarter, that number is -0.08. This implies an EPS growth rate of -287.50% for this year and 20.65% for next year. EPS is expected to decline by -11.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.04%.
Float and Shares Shorts:
At present, 671.55 million OPK shares are outstanding with a float of 308.55 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OPK since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.1224 being high and -$0.36 being low. For OPK, this leads to a yearly average estimate of -$0.18. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.11.
Summary of Insider Activity:
Insiders traded OPK stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
